Illumin Holdings Return On Asset vs. Total Debt
| ILLM Stock | 1.85 0.02 1.09% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.55 | 0.4773 |
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For Illumin Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Illumin Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well illumin Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Illumin Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of illumin Holdings over time as well as its relative position and ranking within its peers.
Illumin |
illumin Holdings Total Debt vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Illumin Holdings's current stock value. Our valuation model uses many indicators to compare Illumin Holdings value to that of its competitors to determine the firm's financial worth. illumin Holdings is currently regarded as number one stock in return on asset category among its peers. It also is considered the number one company in total debt category among its peers . As of the 29th of November 2024, Total Debt To Capitalization is likely to drop to 0. Comparative valuation analysis is a catch-all model that can be used if you cannot value Illumin Holdings by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Illumin Holdings' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Illumin Total Debt vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Illumin Holdings |
| = | -0.0424 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Illumin Holdings |
| = | 7.99 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Illumin Total Debt vs Competition
illumin Holdings is considered the number one company in total debt category among its peers. Total debt of Communication Services industry is currently estimated at about 1.34 Billion. Illumin Holdings maintains roughly 7.99 Million in total debt contributing less than 1% to stocks in Communication Services industry.
Illumin Holdings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Illumin Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Illumin Holdings will eventually generate negative long term returns. The profitability progress is the general direction of Illumin Holdings' change in net profit over the period of time. It can combine multiple indicators of Illumin Holdings, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -2.3 M | -2.2 M | |
| Operating Income | -11.4 M | -10.8 M | |
| Income Before Tax | -12.1 M | -11.5 M | |
| Net Loss | -11 M | -10.4 M | |
| Total Other Income Expense Net | -705 K | -669.8 K | |
| Income Tax Expense | -1.1 M | -1 M | |
| Net Interest Income | -626 K | -657.3 K | |
| Net Loss | -866.5 K | -823.1 K | |
| Interest Income | 6.6 M | 3.6 M | |
| Net Loss | -678.1 K | -644.2 K | |
| Net Loss | (0.20) | (0.21) | |
| Income Quality | 0.13 | 0.12 | |
| Net Income Per E B T | 0.91 | 0.59 |
Illumin Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Illumin Holdings. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Illumin Holdings position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Illumin Holdings' important profitability drivers and their relationship over time.
Use Illumin Holdings in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Illumin Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Illumin Holdings will appreciate offsetting losses from the drop in the long position's value.Illumin Holdings Pair Trading
illumin Holdings Pair Trading Analysis
The ability to find closely correlated positions to Illumin Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Illumin Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Illumin Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling illumin Holdings to buy it.
The correlation of Illumin Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Illumin Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if illumin Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Illumin Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Illumin Holdings position
In addition to having Illumin Holdings in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Illumin Stock
To fully project Illumin Holdings' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of illumin Holdings at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Illumin Holdings' income statement, its balance sheet, and the statement of cash flows.